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Liudmilachernysheva1

I would like refund

user17712074123

I'm using turbotax online premium and have a K-1 that lists Michigan State income taxes paid by a flow-through entity, and Michigan State refund from a flow-through entity. There is no place to ente...

I'm using turbotax online premium and have a K-1 that lists Michigan State income taxes paid by a flow-through entity, and Michigan State refund from a flow-through entity. There is no place to enter these for 2025. I'm pretty sure this was available in 2024. If I look at the "Deduction for Taxes Smart Worksheet" it has a line called "Share of Michigan income tax paid by flow-through entities (Not supported)". There is a similar "(Not supported)" line in the "State and Local Tax Refunds Smart Worksheet". Will there be an update soon to support these? Is there any other way I can fill these values in?

LindaS5247

According to the IRS instructions for Form 8962, the form is not required if you did not receive an Advanced Premium Tax Credit and you are not claiming a premium tax credit on your tax return, even ...

According to the IRS instructions for Form 8962, the form is not required if you did not receive an Advanced Premium Tax Credit and you are not claiming a premium tax credit on your tax return, even if you had Marketplace coverage. ‌ Form 8962 is required to reconcile any advance payments or to claim the premium tax credit. The IRS instructions state the following: You must file Form 8962 with your income tax return if any of the following apply to you: You are taking the Premium Tax Credit The Advance Premium Tax Credit was paid for you or another individual in your tax family. The Advance Premium Tax Credit was paid for an individual you told the Marketplace would be in your tax family and neither you nor anyone else included that individual in a tax family. The instructions go on to say that If any of the circumstances above apply to you, you must file an income tax return and attach Form 8962 even if you are not otherwise required to file. In general, you must include your Form 8962 with your Form 1040 to reconcile premium tax credits if you had Marketplace coverage, but you do not attach Form 1095-A. You would use the information from your Form 1095-A to fill out Form 8962, and then keep the 1095-A for your records. Click here for Instructions for Form 8962 (2025).

JPiLLa

Hi Rene, I did those steps but when reviewing my form before filing my Form 5329 Part IV Additional Tax on Excess Contributions to Roth IRAs on line 25 still lists the penalty.

MonikaK1

If you submitted your return using the website and got confirmation it was accepted, then you can be confident in that result. If you also have the app open, for the same account and same returns, it...

If you submitted your return using the website and got confirmation it was accepted, then you can be confident in that result. If you also have the app open, for the same account and same returns, it could be that it is operating at a slower speed than your other device or application. After you e-file your return, it's considered "pending". After the IRS processes your return, it'll either be accepted or rejected. Once you submit your return in TurboTax Online, you'll see its status on the Tax Home screen of your account. We'll also send you emails letting you know when your e-file status changes. See this help article for more information.

LB200

onalark64

Ignore my 529 question. Already a thread on that -> https://ttlc.intuit.com/community/college-education/discussion/turbo-tax-is-not-allowing-me-to-input-qualified-education-expenses-from-my-529-plan-...

Ignore my 529 question. Already a thread on that -> https://ttlc.intuit.com/community/college-education/discussion/turbo-tax-is-not-allowing-me-to-input-qualified-education-expenses-from-my-529-plan-withdrawals/00/3749003

user17712071032

UPDATE: Thank you Turbotax for fixing the software to include explanation of my missed RMD & your calculations. I was able to file electronically and my tax due, did not include the penalty. I was ...

UPDATE: Thank you Turbotax for fixing the software to include explanation of my missed RMD & your calculations. I was able to file electronically and my tax due, did not include the penalty. I was able to give a five line explanation for my late RMD, save it & have it appear in my filing. Though, I was thankful that I had decided to use the desktop version & follow the other instructions given. Thank you community! -------------------- Turbotax, will you please fix this soon!?! I have wasted most of my Sunday trying to make your software work the way it should! It sounds like you are telling me I need to mail in my return. I have a 1099-R for 1 distribution & one that wasn't completed (no 1099-R)

mesquitebean

If you already started a return and are in the wrong edition, we can tell you how to start over in Free Edition. Otherwise, use that direct link to Free Edition that @rjs provided above. Note...

If you already started a return and are in the wrong edition, we can tell you how to start over in Free Edition. Otherwise, use that direct link to Free Edition that @rjs provided above. Note: TurboTax Free Edition is for customers who are filing simple Form 1040 Returns only (no schedules except for Earned Income Tax Credit, Child Tax Credit and Student Loan Interest). If you need additional forms such as Schedule 1, 2, or 3, or attachments, it will ask you to upgrade to a different TurboTax product.

MaxA1

Go back to Wage and and Icome and revisit Investment and Savings. Go through interview questions for your 1099B until you get to the part where you're asked what name the accounts are under. Here s...

Go back to Wage and and Icome and revisit Investment and Savings. Go through interview questions for your 1099B until you get to the part where you're asked what name the accounts are under. Here some helpful links regarding 1099B: What is Form 1099-B: Proceeds from Broker Transactions? Where do I enter or import a 1099-B?

onalark64

The 1040 does remove the amount from the 1099-R. Intuit needs to fix the breakdown of income in the "Why do I owe $X" overview in Federal review. My "Why do I owe $X" overview is showing the 1099-R a...

The 1040 does remove the amount from the 1099-R. Intuit needs to fix the breakdown of income in the "Why do I owe $X" overview in Federal review. My "Why do I owe $X" overview is showing the 1099-R amount as included (which should not be included, and is correctly excluded on the 1040). But I now see another error where the "Other income from Schedule 1" in "Why do I owe $X" doesn't match the 1040 Line 8 amount (Additional Income from Schedule 1 Line 10). I think that mismatch on 1040 Line 8/Schedule 1, Line 10 is an issue related to not receiving all the prompts to offset money drawn from a 529 plan. I can't figure out why the "Why do I owe $X" overview is giving a correct answer and the 1040 Line 8 is wrong. I suspect it has something to do with my inability to get to a prompt that asked for qualified expenses that are not paid to the university and not on the 1098-T. Any tips on how to force a prompt to enter eduction expenses not included in a 1098-T?

user17712053492

over contributed IRA in 2024, withdrew excess contribution, received 1099-R, need to amend 2024. I did the amend, added the document, transmission says successful, but then quickly changes to "Your t...

over contributed IRA in 2024, withdrew excess contribution, received 1099-R, need to amend 2024. I did the amend, added the document, transmission says successful, but then quickly changes to "Your transmission didn't go through. Any suggestions on how to file return. Currently using the "do it yourself" online version, at this point willing to upgrade to assisted filing, but can't figure that out either... This software is really frustrating.

DavidD66

That would not be TurboTax you are remembering. Connecting to your bank account and being able to categorize expenses is something you can do in QuickBooks, but not TurboTax.

Hal_Al

A fix is in the works but updates have been scarce.

LaShaunA3

You can go back and update the information for your wife's HDHP by taking the following steps: 1. Go to the Deductions & Credits section 2. Scroll down to the HSA, MSA section 3. Click Star...

You can go back and update the information for your wife's HDHP by taking the following steps: 1. Go to the Deductions & Credits section 2. Scroll down to the HSA, MSA section 3. Click Start or Update 4. Enter the appropriate information

MonikaK1

Are you referring to the Refund Advance program? To exit the TurboTax refund advance document or flow without applying, navigate back to the "File" section and change your refund method to s...

Are you referring to the Refund Advance program? To exit the TurboTax refund advance document or flow without applying, navigate back to the "File" section and change your refund method to standard direct deposit, or use the "Clear & Start Over" feature under "Tax Tools" if you have not yet filed. If stuck in a loop, clear your browser cache/cookies or log out and back in. How to get Refund Advance instantly (most users receive funds within 5 minutes of acceptance for the program) Choose Refund Advance as your refund option When you’re ready to file, select Refund Advance and apply in a few easy steps. Open a checking account with Credit Karma Money™1 Now that Credit Karma and TurboTax are both part of the Intuit family, we'll help you create your 100% free to open account when you're ready to file. Finish filing and start spending right away You could get your money in as little as 30 seconds after IRS acceptance and can immediately use your virtual Credit Karma Visa® debit card2.

user17712064671

Needed to know my exact income from last year on line. I looked at it showed $0 because I was working for myself so I had a 1099 not a W2 so it was going to be automatically declined if I went furthe...

Needed to know my exact income from last year on line. I looked at it showed $0 because I was working for myself so I had a 1099 not a W2 so it was going to be automatically declined if I went further. I just want my $53 back from TurboTax.

rjs

Go to TurboTax Free Edition.

rlmbickford

I don't believe I should owe taxes since the amount on my 1098-T box 1 matches my 1099-Q box 1, but TurboTax won't let me enter my 1098-T to claim deductions because my AGI is >$180,000. How do I fix ...

I don't believe I should owe taxes since the amount on my 1098-T box 1 matches my 1099-Q box 1, but TurboTax won't let me enter my 1098-T to claim deductions because my AGI is >$180,000. How do I fix this?

MindyB

Yes, it will be apparent that a 2024 8606 that is signed by you and mailed to the IRS is a form that you'd like added to your record. If you'd prefer, you certainly can add a letter. You cou...

Yes, it will be apparent that a 2024 8606 that is signed by you and mailed to the IRS is a form that you'd like added to your record. If you'd prefer, you certainly can add a letter. You could include a brief cover letter with your mailing to help the IRS process your form. Your letter should clearly state your full name, current address, and Social Security number at the top. Explain that you are sending a standalone Form 8606 for the 2024 tax year to report IRA contributions that were left off your original return. Since you are writing the letter, you could also request they waive the $50 late penalty. To avoid the penalty, you should explain in your own words that you didn’t realize a separate form was necessary because your tax total stayed the same, but you are proactively fixing the error now to ensure your future retirement records are correct. It is important to specifically use the phrase "reasonable cause" in your explanation to let the IRS know you made an honest mistake in good faith and are requesting they waive the $50 fee.

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Could you help me to delete taxes 2025. I am planning to apply with agent

Michigan taxes paid by flow-through entities

Re: 1095-A or Form 8962 - Include in 1040?

Re: How to handle 2023 Roth IRA Excess Contribution when filing 2025 taxes

Re: Why is the app not reflecting the website?

Colorado requires adding back federally deducted overtime, meaning it is taxed at the state level. How do I do that in Turbotax? Thank you for the help.

Re: 1009-R Box 7 G, but showing as taxable in Federal Review

Re: I can't get the online version to prompt me about a missed RMD, and I can't add it under othe...

Re: Where is the turbo tax free edition

Re: How do I change the ownership of a 1099B account (stock sales) to be joint. Myself and spouse?

Re: 1009-R Box 7 G, but showing as taxable in Federal Review

Amend Return Transmission Didn't Go Through

Re: I remember in the past being able to connect my bank account and then seeing line items and b...

Re: 1099-Q Payments From Qualified Education Programs

Re: I falsely entered that my wife does not have HDHP, but she actually has it. How do I correct ...

Re: I’m trying to review the documents for the tax advance but I don’t know how to exit the docum...

Re: Charged and never used

Re: Where is the turbo tax free edition

TurboTax is not matching 1098-T education exp. to my 529 distribution on 1099-Q because AGI is too high to claim tuition. How do I get Turbotax to do this?

Re: Do I need to file Form 8606?

Do you have a TurboTax Online account?

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